Retirement Planner
CONGRATULATIONS! At age 84, you will have a savings balance of $25,813.
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Combo Chart illustrating Savings Disbursements, Cone of Uncertainty, Working Years, and Retirement Savings Balance is in this row
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                               40               41                  42                   43                44                 45         46                47                  48             49
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Input
                                    Now                                                                  At Retirement                                                    Uncertainty
Your Current Age                                                         40 Annual Pension Benefit ($)                                   0 Investment Return Uncertainty (%)                       2.00%
Annual Income ($)                                                 50,000 Annual Pension Benefit Increases (%)                        0.00% Annual Savings Amount Uncertainty (%)                   0.00%
Annual Inflation and Income Increases (%)                         3.00% Desired Retirement Age                                          65 Annual Savings Increases Uncertainty (%)                0.00%
Retirement Savings Balance ($)                                    60,000 Number of Years of Retirement Income                           20 Annual Pension Benefit Amount Uncertainty (%)           0.00%
Annual Savings Amount ($)                                         15,000 Income Replacement (%)                                     75.00% Annual Pension Benefit Increases Uncertainty (%)        0.00%
Annual Savings Increases (%)                                      0.00% Investment Return (%)                                        6.25%
Investment Return (%)                                             6.25%
Chart Details
                                                                       Desired Retirement
     Age          Salary     Balance    Interest   Yearly Savings                           Pension Income Year Ending Balance
                                                                                   Income
      40         $50,000     $60,000     $3,750          $15,000                      $0                $0             $78,750
      41         $51,500     $78,750     $4,922          $15,000                      $0                $0             $98,672
      42         $53,045     $98,672     $6,167          $15,000                      $0                $0            $119,839
      43         $54,636    $119,839     $7,490          $15,000                      $0                $0            $142,329
      44         $56,275    $142,329     $8,896          $15,000                      $0                $0            $166,224
      45         $57,964    $166,224    $10,389          $15,000                      $0                $0            $191,613
      46         $59,703    $191,613    $11,976          $15,000                      $0                $0            $218,589
      47         $61,494    $218,589    $13,662          $15,000                      $0                $0            $247,251
      48         $63,339    $247,251    $15,453          $15,000                      $0                $0            $277,704
      49         $65,239    $277,704    $17,357          $15,000                      $0                $0            $310,061
      50         $67,196    $310,061    $19,379          $15,000                      $0                $0            $344,440
      51         $69,212    $344,440    $21,527          $15,000                      $0                $0            $380,967
      52         $71,288    $380,967    $23,810          $15,000                      $0                $0            $419,777
      53         $73,427    $419,777    $26,236          $15,000                      $0                $0            $461,014
      54         $75,629    $461,014    $28,813          $15,000                      $0                $0            $504,827
      55         $77,898    $504,827    $31,552          $15,000                      $0                $0            $551,379
      56         $80,235    $551,379    $34,461          $15,000                      $0                $0            $600,840
      57         $82,642    $600,840    $37,552          $15,000                      $0                $0            $653,392
      58         $85,122    $653,392    $40,837          $15,000                      $0                $0            $709,229
      59         $87,675    $709,229    $44,327          $15,000                      $0                $0            $768,556
      60         $90,306    $768,556    $48,035          $15,000                      $0                $0            $831,591
      61         $93,015    $831,591    $51,974          $15,000                      $0                $0            $898,565
      62         $95,805    $898,565    $56,160          $15,000                      $0                $0            $969,726
      63         $98,679    $969,726    $60,608          $15,000                      $0                $0          $1,045,333
      64        $101,640   $1,045,333   $65,333          $15,000                      $0                $0          $1,125,667
      65             $0    $1,125,667   $70,354                $0                $78,517                $0          $1,117,504
      66             $0    $1,117,504   $69,844                $0                $80,872                $0          $1,106,476
      67             $0    $1,106,476   $69,155                $0                $83,298                $0          $1,092,332
      68             $0    $1,092,332   $68,271                $0                $85,797                $0          $1,074,806
      69             $0    $1,074,806   $67,175                $0                $88,371                $0          $1,053,610
      70             $0    $1,053,610   $65,851                $0                $91,022                $0          $1,028,438
      71             $0    $1,028,438   $64,277                $0                $93,753                $0            $998,963
      72             $0     $998,963    $62,435                $0                $96,566                $0            $964,832
      73             $0     $964,832    $60,302                $0                $99,463                $0            $925,672
      74             $0     $925,672    $57,854                $0               $102,446                $0            $881,080
                                                         Page 2 of 4
                                                         Desired Retirement
Age   Salary   Balance    Interest   Yearly Savings                           Pension Income Year Ending Balance
                                                                     Income
75       $0    $881,080   $55,067                $0               $105,520                $0            $830,628
76       $0    $830,628   $51,914                $0               $108,685                $0            $773,856
77       $0    $773,856   $48,366                $0               $111,946                $0            $710,276
78       $0    $710,276   $44,392                $0               $115,304                $0            $639,364
79       $0    $639,364   $39,960                $0               $118,764                $0            $560,561
80       $0    $560,561   $35,035                $0               $122,326                $0            $473,270
81       $0    $473,270   $29,579                $0               $125,996                $0            $376,853
82       $0    $376,853   $23,553                $0               $129,776                $0            $270,630
83       $0    $270,630   $16,914                $0               $133,669                $0            $153,875
84       $0    $153,875    $9,617                $0               $137,679                $0             $25,813
                                           Page 3 of 4
                                                        Desired Retirement
Age   Salary   Balance   Interest   Yearly Savings                           Pension Income Year Ending Balance
                                                                    Income
                                          Page 4 of 4